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Live IQD Exchange Rates

IQD flagIraqi Dinar
(IQD) Insights

Currency of OPEC oil-giant; economy almost entirely oil-dependent (~90% of budget); reconstruction economy post-2003 war; CBI manages USD sales to stabilise IQD; some regional trade in IQD

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IQDIraqi Dinar

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Iraqi Dinar.

ISO Code

IQD

Standardized ISO 4217 Currency Code

Symbol

ع.د

Unicode Glyphs & Display Symbol

Minor Unit

1/1000 = Fils Decimals

Subdivision unit definition

Region

Iraq

IQD Primary AreaGlobal Trade
Central Bank

Central Bank of Iraq (CBI)

Central Bank of Iraq (CBI)

Pegged Currency

US Dollar (USD) – managed peg

Market-determined exchange rate mechanism

Currency Standard: Fiat (USD-managed)

Classified as Fiat (USD-managed) in global trade networks

Banknotes

IQD 250

Coins

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Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Iraqi Dinar, highlighting cross-border utilization and primary trading corridors.

Fiat (USD-managed)
Classification
USD/IQD
Top Pair Mapping
Iraq
Main Adoption Regions
Iraqi Dinar Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Iraq (CBI).

Economic Intelligence

IQD Market Insights

Deep-dive analysis of the Iraqi Dinar's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (managed); cheaper imports (food, medicine – heavily imported)

Weak Currency Impact

Weak Currency Impact

N/A (managed); CBI USD auction mechanism defends rate

Remittance Role

Remittance Role

Iraq receives some remittances from diaspora; also significant outflow to neighbouring countries from oil sector workers

Central Bank Tools

Central Bank Tools

USD Currency Auctions, Reserve Requirements, Interest Rates

Support & Resources

Common Questions About Iraqi Dinar

Everything you need to know about IQD exchange rates, banknotes, and historical significance.

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